This is America, but I need a license to fly an airplane, a license to drive a car, a different license to drive a tractor trailer, etc.

Finally I can use my airplane miles and hotel points for something great!

The example of the qualifying and client funnel is some inquiries want the first class airplane ticket at steerage pricing.

Get on an airplane - go there - call for rent numbers.

@Jacob Blackett  exactly and based on that vast experience I do not or will not recommend that asset class ever again... at least for buy and hold.. for flipping in and out make a few bucks I can see that.It was the happiest day of my life when I divested myself of all those C class rentals really it was.you may make it work but its not a wealth builder in my mind.and I am just posting to get other out of state investor to not make the same mistakes I personally made... those C class properties cost me my airplane  LOL.. so yes not to keen on those.

For me it was airplanes.. did I need one..

I was ecstatic and ready to jump on an airplane buy 80 rental units.

(well, maybe not the flying airplanes part).

@Steve Vaughan  from my time on BP is the absolute best at solving and working through this issue.for me I did not go to school other than a little bit of JC   but early on as a hot shot realtor flipper I bought a mercedes and expensive house  and an airplane.. so probably not the best use of my cash and borrowing power.. 

but you earn a lot but there are ways to mitigate your tax burden.. ( airplanes  Bulldozer etc)I get the buy and hold but that for most investors is a slow build up.. in the flip game you can make realistically 100 to 200k in a year ( taxable of course) with the same capital in buy and hold that might make you 20 to 30k in cash flow.. its all about how much time you have and how you want to finance all of those rentals ..